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NB Bancorp acquires Provident Bancorp stock

PUBLIC · NBBKSep 29, 2026

Acquiring Company

NB BANCORP

Acquired Company

Provident Bancorp

NeedhamFinancial ServicesFinanceLendingBankingFinancial ServicesFinanceFintechLendingBanking

Description

NB Bancorp has completed the acquisition of Provident Bancorp, closing the merger on November 14, 2025. The agreement specifies an exchange ratio of 0.6910 shares of NB Bancorp for each share of Provident Bancorp. This merger reshapes the ownership structure of BankProv and emphasizes the integration of both banks' operations.

Company Information

Company

NB BANCORP

Location

Needham, Massachusetts, United States

About

NB Bancorp, Inc. is a Maryland-based financial holding company primarily engaged in providing a wide range of banking and financial services through its subsidiary. Operating primarily in the banking industry, the company offers various products including savings and checking accounts, loans, and mortgage services. Its geographical focus is on the Massachusetts market, specifically serving the communities in and around Needham where its headquarters is located. As an emerging growth company, NB Bancorp is strategically focused on expanding its customer base and enhancing service offerings to adapt to current market trends.

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Frequently asked

Who acquired Provident Bancorp?

Provident Bancorp was acquired by NB BANCORP, based in Needham. The deal was reported on September 29, 2026. NB Bancorp, Inc. is a Maryland-based financial holding company primarily engaged in providing a wide range of banking and financial services through its subsidiary. NB BANCORP is publicly traded (NBBK) and operates in Financial Services.

When did NB BANCORP acquire Provident Bancorp?

NB BANCORP's acquisition of Provident Bancorp was reported on September 29, 2026. NB Bancorp has completed the acquisition of Provident Bancorp, closing the merger on November 14, 2025. The agreement specifies an exchange ratio of 0.6910 shares of NB Bancorp for each share of Provident Bancorp. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Provident Bancorp do?

Provident Bancorp, Inc. is the holding company for BankProv, a commercial bank known for providing traditional banking services alongside specialized financial solutions. It is privately held, operating in Financial Services.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.